Crypto Startups News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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After raising more than $20 billion in funding rounds in 2021 and 2022, crypto startups are finding it difficult to get fresh capital these days, according to data presented by AltIndex.com.

Darshan Bathija, co-founder and CEO of Vauld, said that the startup got its scheme of arrangement passed in Singapore courts. As part of the scheme, the current board will be replaced with a new CEO, a creditor representative, and a scheme manager.

If the sector is to grow, rather than those solely interested in making a profit, it will need committed users who benefit from those commitments and will stick to them even through a hurricane, say founders.

Numerous blockchain startups have secured a combined funding of $90 million, significantly advancing their objectives. Read more.